Cheap Apartments for Rent in Leonardo, NJ from $600 (42 Rentals)

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Search the lowest-cost Apartments available for rent right now in Leonardo.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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property at 96 East Ave

$2,250

Total Monthly Price

Total Monthly Price

Base Rent
$2,250
Total Monthly Price
$2,250

1 Bedroom, 1 Bath Condo for Rent

Available Now

96 East Ave, Unit 33

96 East Ave
Atlantic HighlandsNJ07716

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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57 Peters Place
Studio to 2 Bedroom Apartments

57 Peters Place

57 Peters PlRed Bank, NJ 07701
  • Utilities Included
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Brookwood Estates
1 to 2 Bedroom Apartments

Brookwood Estates

153 Grand AveAtlantic Highlands, NJ 07716

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Navesink Woods
1 to 3 Bedroom Apartments

Navesink Woods

1027 Highway 36Atlantic Highlands, NJ 07716
  • Utilities Included
property at 330 Shore Dr

$2,300 - $2,850

1 To 2 Bedroom Rentals

Available Now

330 Shore Dr

HighlandsNJ07732

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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property at 96 East Ave

$2,150 - $2,550

1 Bedroom Rentals

Available Now

96 East Ave

Atlantic HighlandsNJ07716
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Leonardo, NJ Local Guide

Cheapest Available Leonardo Apartments for Rent and Nearby

 

The cheapest available apartment rental in Leonardo, NJ is a 2 Beds unit found at Bayshore Village (62+) in the Aberdeen Hazlet Middletown neighborhood priced from $1,291. McGuire's Grove in the Aberdeen Hazlet Middletown neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,525. Here is today’s list of the most affordable Leonardo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Bayshore Village (62+)2 Beds, 1 bath2BR,1BA$1,291
McGuire's Grove1 Bedroom (Low)1BR,1BA$1,525
Oceanport Gardens1 BD / 1 BA1BR,1BA$1,539
Beachway ApartmentsRenovated 1 Bedroom1BR,1BA$1,750
Buena Vista1 BR1BR,1BA$1,750
Cove on the Bay1 bedroom1BR,1BA$1,818
57 Peters PlaceStudioStudio,1BA$1,900
Eatoncrest Apartment HomesOne Bedroom - 648 sqft1BR,1BA$1,935
Wedgewood Gardens1 Bedroom FM1BR,1BA$1,961
Shrewsbury Arms Apartments1 Bedroom1BR,1BA$1,975

Best Value Apartments for Rent in Leonardo, NJ and Nearby

As of June 13, 2026 the best value apartment in the Leonardo area is the $2.66 price per square foot 2 Bed, 2 Bth Model at The Forum in the in the Greenbriar Falls neighborhood starting from $4,250. The second greatest value Leonardo apartment is the Penthouse Duplex Model at Cove on the Bay starting at $3,700 with a $2.56 price per square foot in the Aberdeen Hazlet Middletown neighborhood. Here is today’s list of the best values for Leonardo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Forum2 Bed, 2 Bth2BR,2BA$2.66
Cove on the BayPenthouse Duplex2BR,2BA$2.56
The Link at Aberdeen StationLayout J2BR,2BA$2.62
The Apartments at Aberdeen StationB32BR,2BA$2.50
McGuire's Grove1 Bedroom (Low)1BR,1BA$1.45
Bayshore Village (62+)2 Beds, 1 bath2BR,1BA$1.34
Wedgewood Gardens1 Bedroom FM1BR,1BA$2.31
240 LB Elmwood1BR/1.0BA1BR,1BA$2.51
Beachway ApartmentsRenovated 1 Bedroom1BR,1BA$2.54
Oceanport Gardens1 BD / 1 BA1BR,1BA$2.57

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Leonardo, NJ Rentals by Map

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See the most popular apartments and homes in Leonardo, NJ

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Frequently Asked Questions about Cheap Leonardo Apartments

How much is rent for a Cheap One Bedroom Leonardo Apartment?

The lowest price for a Cheap One Bedroom Leonardo Apartment is $1,525 at McGuire's Grove.

What is the lowest price for a Cheap Two Bedroom Leonardo Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Leonardo is starting from $1,291 at Bayshore Village (62+).

What is the most affordable Leonardo Three Bedroom Apartment?

The best deal on a cheap Leonardo Three Bedroom Apartment rental is at Atlantic Pointe Apartments and starts from $3,265.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.